About IndusInd Bank

The IndusInd bank is one of the most trusted private bank in India which was incorporated in the year 1994. The bank was the vision of one of the known NRI businessman and founder of Hinduja group Mr. S.P. Hinduja. The aim of the bank was to contribute to the economic and social development of the country. The bank is one of the rapidly moving banks in the industry and wants to extend its reach globally. It has been started with the capital money of 1000 million and the money was raised equally by the Indian residents and the Non-Resident Indians. It extends the banking facilities to the customer who is Indian and to those who are NRIs as well.

The IndusInd bank gives you the option banking solutions and facilities which include the personal banking, wealth management services, corporate banking, and international management. The bank has used the optimum quality of technology and the dedicated and proactive workforce to give the world class services to the customer. It focuses more on the brand development and advertisement to bridge the gap between the customer and the bank. The new schemes introduced directly reaches the audience. The bank is specialized in the Retail Sector banking and is rapidly growing and has expanded globally with international offices been set up in London, Dubai, and Abu Dhabi. The bank has made the maximum use of the technology to serve the customer easily and conveniently. It aims to increase the number of branches, profit, and client and make it double to expand its reach. The customer responsive is another important aspect and it strives very hard to collaborate with the customers and clients to provide them the quality banking services.

Products Offered by the IndusInd Bank in New Delhi

The IndusInd bank has the gamut of products and services which it utilizes to fulfill the necessities of the bank. The bank offers all kind of loan products namely the home loan, personal loan, loan against property, gold loan, car loan etc. It also offers fixed deposit, insurance, cards etc to meet other requirements. The bank has innovated some new services like the video branch, my account my number, denomination selection etc to improve the banking experience for the customers and clients.

Basic details about IndusInd Bank products

Product

Eligibility

Loan Amount

Interest Rate

Processing Fee

Tenure

Home Loan

The age of the applicant should be between 21 - 65 years

Salaried individuals with minimum 3 years experience

Business concerns, professionals and self-employed individuals working in the line of business/ profession for at least 3 years

Depend upon the individual's income and profile.

8.35% - 8.95%

0.50% of the loan amount

Up to 30 years or until attaining age of 70 years

Personal Loan

The age of the applicant should be between 21 - 60 years ( for the salaried individual) and 25-65 (for the self- employed professional or businessman)

The minimum net salary should not be less than ₹ 25,000 per month for the salaried IndividualFor the self- employed businessmen or professionals the minimum annual net income should be ₹ 4.8 lakh for last 2 years.

The salaried individual should have the minimum experience of 2 years in the job and at least 1 year at the current organisation.For the self employed professionals the minimum work experience should be at least 4 years and at least 5 years of work experience post qualification for the self- employed businessman.

For the salaried individuals- You should at least have 1 year stay at the current residence.

The age of the applicant should be between 21- 60 years for salaried individuals and 21- 65 years for self- employed.

Minimum annual gross salary of the individuals should ₹ 2.50 lakh for salaried individual and minimum net profit for the self- employed should be ₹ 2 lakh.

The salaried individuals Should have minimum work experience of 3 years and at least 1 year with the current employer.The self- employed should have the minimum experience of 3 year in the current business or professions.

The applicant must have the residential stability. The minimum stay in the city should be at least 3 years and minimum stay of 1 year in the current residing house.The CIBIL score should be 600 and above. Should not have negative or caution profile.

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